CONX Corp. Class A Common Stock
CONX
CONX was delisted on the 3rd of May, 2024.
12 hedge funds and large institutions have $36.9M invested in CONX Corp. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 0 closing their positions.
9,400% more call options, than puts
Call options by funds: $380K | Put options by funds: $4K
58% more capital invested
Capital invested by funds: $23.3M → $36.9M (+$13.6M)
20% more funds holding
Funds holding: 10 → 12 (+2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Potomac Capital Management
New York
|
+$14.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$27.3K |
| 3 |
FIA
FNY Investment Advisers
New York
|
+$1.03K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$403 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.11M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$68.7K |
| 3 |
CS
Clear Street
New York
|
-$3.39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
1
Moore Capital Management
New York
| $15.6M | – | – | – |
|
|
PCM
2
Potomac Capital Management
New York
| $14.5M | +$14.4M | +1,393,403 | New |
|
|
FBCM
3
Fort Baker Capital Management
Larkspur,
California
| $2.8M | – | – | – |
|
|
PC
4
Periscope Capital
Toronto,
Ontario, Canada
| $1.04M | – | – | – |
|
|
5
Geode Capital Management
Boston,
Massachusetts
| $801K | +$403 | +39 | +0.1% |
|
|
CS
6
Clear Street
New York
| $687K | -$3.39K | -328 | -0.5% |
|
|
7
JP Morgan Chase
New York
| $631K | -$1.11M | -107,349 | -64% |
|
|
FIA
8
FNY Investment Advisers
New York
| $397K | +$1.03K | +100 | +0.3% |
|
9
Walleye Capital
New York
| $217K | – | – | – |
|
|
CCM
10
CAAS Capital Management
New York
| $141K | – | – | – |
|
|
11
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $27.5K | +$27.3K | +2,640 | New |
|
|
12
Simplex Trading
Chicago,
Illinois
| $12K | -$68.7K | -6,643 | -85% |
|
CONX Hedge Fund Activity: Q3 2023 in Review
12 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in CONX Corp. Class A Common Stock (CONX) for Q3 2023, worth a combined $36.9M — up 58% from $23.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CONX positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Potomac Capital Management, opening a new position worth an estimated $14.4M. The largest seller was JP Morgan Chase, cutting an estimated $1.11M.
- 12 institutional investors held CONX Corp. Class A Common Stock (CONX) as of Q3 2023, up from 10 in Q2 2023.
- Funds reported $36.9M of CONX Corp. Class A Common Stock stock for Q3 2023, up 58% quarter-over-quarter.
- 2 funds opened new CONX Corp. Class A Common Stock positions in Q3 2023 and 0 closed out, a net change of +2 holders.
- The largest CONX Corp. Class A Common Stock buyer in Q3 2023 was Potomac Capital Management, an estimated $14.4M added.
- The largest CONX Corp. Class A Common Stock seller in Q3 2023 was JP Morgan Chase, an estimated $1.11M sold.
Based on aggregated 13F filings for Q3 2023.